As minutes of its November 7 policy gathering states, in most advanced economies, surge in wages as well as hourly earnings had been low enough notwithstanding everlasting reductions in spare capacity.

Overnight, the US currency rallied steeply versus a basket of crucial currencies, deriving benefits from a dip in the common currency amid soaring political uncertainty in Germany right after Chancellor Angela Merkel didn’t manage to form a three-way coalition.

On Thursday, the major US currency rebounded from its unexpected dive following dismal economic data that sparked fears about the strength of the American economy and also backed the Fed’s intention to leave rates on hold in the nearer future…

On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…